ElonMoonsk

ElonMoonsk

- Broke out of symmetrical triangle pattern -> signals continuation of upward movement - Perfectly retested said trendline and was rejected - Indicators looking healthy and many charts look positive Short term targets -> 1800, 2000 Long term is hard to say, this coin has potential and the fundamentals to back it up. Looks very good even though BTC is doing...

ElonMoonsk

- BTC.D dominance rejected by key support, if it reverses BTC price will fall as they are negatively correlated. - BTC broke through the 40k$ and 36k$ supports very quickly, which illustrates the momentum of the bears - We can see 2 bearish patterns emerging: a double-top (M) pattern on the monthly and a head&shoulders on the weekly. Both bearish indicators. -...

ElonMoonsk

POWR has been in a uptrend recently. A good coin with proper fundementals, one of the few coins which actually have real life applications. BTC dominance is at a critical level, it it dumps further I think POWR will be one of the first coins to do a moon shot. The short term target (for the next pump) is at 2000 sats, at which I would recommend selling. You will...

ElonMoonsk

Perfect flag on the hourly for POWRBTC. If it breaks out to the upside, the target will be at 1600 sats. Upon downward breakout, we will probably retest 900 sats.

ElonMoonsk

- Big ascending triangle has been forming for days - Smaller double bottom pattern can be spotted inside the triangle - The small double bottom pattern could trigger the ascending triangle if it unfolds. - Target of the ascending triangle coincides with the previous high @ ~0,175$ - Ichimoku cloud shows that we are currently facing a strong resistance level,...

ElonMoonsk

We have a very clear descending channel pattern on the 4H chart. A second ago BTC retested the bottom support zone, which is a pretty strong support. A descending channel can break both ways, and thus there are 2 options. 1. We break through the top => next target @ 69k $. 2. We fall through the support => Retest support @ 57k $ => If this doesnt hold, major...

ElonMoonsk Updated 

- Double bottom pattern on price & RSI - No divergence on RSI - MACD looking bullish - Safely hovering above thick green Ichimoku cloud => should be hard to break down through these clouds. Need to close above 0.137$ area for proper breakout. Expecting breakout in the coming week as symmetric triangle closes. NFTs are going to be enabled on the mainnet at the...

ElonMoonsk

- Price level above green Ichimoku clouds => Bullish - Ichimoku clouds in the near future are becoming more thick => More difficult to break down - Symmetrical triangle => ndicating breakout tonight - RSI => Still looking bullish with higher lows, going up & not currently in oversold level. We know that breaking downwards is becoming increasingly difficult due to...

ElonMoonsk

- Indicators look good - Uptrend might continue coming weeks - Breaking up from symmetric triangle would mean target @ 0.27-0.30$

ElonMoonsk Updated 

- Seems like a small falling wedge is forming, even though far from perfect. Indicates possible upward outbreak. - StochRSI indicates oversold level - Logical correction after yesterdays explosive upwards movement, are we at the bottom? We might continue the bull run on the short term, otherwise it will cool off some longer. T1 => 300 sats T2 => 440 sats T3 =>...

ElonMoonsk Updated 

- Cup & Handle formed - Symmetric triangle (indicating continuation) formed - RSI shows no divergence => Continuation Looks like MOOOOOOOOOOOOOOOOOON

ElonMoonsk

After yesterdays pump, BTS has corrected back to the 180 sats area. This is a decent price and we seem to have found new support around the 180 sats area. The correction was healthy and necessary, nothing to be afraid of. Now, there are a couple of key points visible in the chart. 1. As marked by the green circle, the MA50 seems like it will cross the MA200...

ElonMoonsk Updated 

Announcement on NFTs might be causing the increase of price today. However, it doesn't seem like it wants to stop. BTS is constantly pushing the 190 sats, it is holding strong. - Small ascending triangle at the 1H chart might indicate another jump up in the coming hours. - Hidden bullish divergence @ RSI. Higher lows on price compared to lower lows on RSI indicator.

ElonMoonsk Updated 

Recently, we've seen many bullish patterns on the BTS/BTC chart. It started with the cup & handle formation that I posted about. The handle-part of this pattern turned into a double bottom later on (which is also a bullish pattern. And meanwhile, this all seems to be located in a big ascending triangle on the daily chart. Today (April 1st), Bitcoin Dominance has...

ElonMoonsk Updated 

- Possible symmetrical triangle forming? - StochRSI indicates BTS is oversold - Cup and handle recently formed on daily, indicating upward movement Symmetrical triangle is a continuation pattern, we will have to wait for a breakout on either side before deciding to move in.

ElonMoonsk Updated 

A cup & handle formed on the daily as I predicted yesterday. We can set the target at ~195 sats using Fibonacci retracement. This is slightly below the Fibonacci level. It might be smart to sell here, wait for a sell off and buy it back a tad cheaper. Cup and handle is a bullish pattern that indicates an upward movement after completion. In the current...

ElonMoonsk Updated 

Looks like a cup & handle is forming on the daily chart of BTS/BTC. This is a bullish price pattern which would indicate a move to the upside right now (as we are probably around the bottom of the handle). This will take a couple of days to unfold, sudden BTC spikes in either direction could possibly ruin this pattern. StochRSI is nearing the bottom side as well....

ElonMoonsk Updated 

BTS/BTC has been doing well the past couple of days, even though BTC has seen a big increase in price agian. BTS looks very bullish at the moment and in my opinion, so far we've only seen the beginning of this coin. As you can see, there seems to be an ascending triangle on the 1H time frame again, which might indicate that we will break above the high from...